What if saving for your child’s education could actually make you money? The National Higher Education Fund Corporation (PTPTN) is turning that dream into reality — and Malaysians are cashing in.
PTPTN CEO Ahmad Dasuki Abdul Majid revealed that over six million Malaysians have already opened Simpan SSPN accounts — and for good reason. The scheme offers a 4.05% dividend rate, up to RM8,000 in tax relief, and even free takaful coverage for depositors with savings of at least RM1,000.
In one real-life case, the family of a late Federal Reserve Unit member received RM193,000 in takaful payouts — all from his SSPN Prime and Plus savings. “You can’t replace a loved one,” Ahmad Dasuki said, “but you can secure their children’s education.”
To make saving even more rewarding, Budget 2025 introduced two new incentives — the Matching Grant and Ihsan Matching Grant Initiative — offering up to RM10,000 for families earning below RM4,000, and RM5,000 for those between RM4,000 and RM6,000 monthly.
And that’s not all — PTPTN is currently running its Bulan Menabung Simpan SSPN campaign (Sept 26–Nov 2) alongside World Savings Day (Oct 31). Plus, the WOW! Simpan SSPN 2025 Draw Campaign is handing out RM200,000 worth of prizes to 130 winners — with a grand prize of RM30,000 up for grabs!
Here’s the kicker: if you save using the myPTPTN app, your chances to win double! Simpan SSPN Prime depositors get five entries for every RM100 saved, while Simpan SSPN Plus depositors earn ten entries for every RM50.
So if you’ve been waiting for a sign to start saving — this is it. With Simpan SSPN, you’re not just putting money aside — you’re investing in your child’s future and getting rewarded for it.
